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Returns to Soybean Producers from Investments in Promotion and Research

Published online by Cambridge University Press:  15 September 2016

Gary W. Williams ,
C. Richard Shumway  and
H. Alan Love
Gary W. Williams
Affiliation:
Department of Agricultural Economics, Texas A&M University, College Station, Texas
C. Richard Shumway
Affiliation:
Department of Agricultural Economics, Washington State University, Pullman, Washington
H. Alan Love
Affiliation:
Department of Agricultural Economics, Texas A&M University, College Station, Texas
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Abstract

U.S. soybean producers have been cooperatively investing in both production research and demand promotion for nearly four decades to enhance the profitability and international competitiveness of their industry. Have producers benefitted from their contributions to soybean checkoff program activities over the years? How has the return to investments in soybean production research compared to that of soybean demand promotion investments? The overall positive returns to producers over the study period resulted primarily from promotion activities. Production research contributed negatively to overall producer returns from soybean checkoff investments.

Keywords

benefit-cost analysischeckoff programpromotionresearchsoybeans

Information

Type
Articles
Information
Agricultural and Resource Economics Review , Volume 31 , Issue 1 , April 2002 , pp. 97 - 111
Copyright
Copyright © 2002 Northeastern Agricultural and Resource Economics Association 

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